SK Hynix Plans 100 Trillion Won Shareholder Return Program in Q4

According to the Korean Economic Daily, SK Hynix announced on June 16 a shareholder return program worth approximately 100 trillion won to be rolled out in the fourth quarter, comprising stock buybacks and cash dividends. The buyback is expected to represent roughly 2% of outstanding shares and will commence following the completion of the company's American Depositary Receipt (ADR) listing, scheduled for mid-July.

The initiative aims to address investor concerns about potential share dilution from the ADR listing while reinforcing SK Hynix's position as a leading global semiconductor manufacturer.